Mathematical Finance Colloquium: Existence of an equilibrium with limited stock market participation and power utilities
Monday, February 26, 2024 2pm to 3pm
Monday, February 26, 2024 2pm to 3pm
About this Event
3620 South Vermont Avenue, Los Angeles, CA 90089
Kasper Larsen, Rutgers University
[in-person]
or
Join Zoom Meeting: https://usc.zoom.us/j/94973619069?pwd=VnU5bVlMc1pzVTlEYUVaZUYyNSt6UT09
Meeting ID: 949 7361 9069
Passcode: 925028
Abstract: I will discuss the existence and uniqueness of a singular, non-linear, and path dependent ODE. As an application, we use the ODE solution to prove existence of a Radner equilibrium with homogenous power traders in the limited participation setting of Basak and Cuoco (1998). Joint work with G. Leoni and P. Gasoni.
This program is open to all eligible individuals. USC operates all of its programs and activities consistent with the university’s Notice of Non-Discrimination. Eligibility is not determined based on race, sex, ethnicity, sexual orientation or any other prohibited factor.